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Nonprofiteer
← RTH MISSION PARK REALTY CORPORATION

Form 990 for tax year 2025

Filed by RTH MISSION PARK REALTY CORPORATION.

Totals

Total revenue
$68,289,371
Total expenses
$39,970,776
Contributions and grants received
$0
Grants paid
$12,352,769
Program service revenue
$47,813,333
Investment income
$19,961,836
Other revenue
$514,202
Total assets, end of year
$309,085,740
Total liabilities, end of year
$34,804,118
Net assets or fund balances, end of year
$274,281,622
Program services expenses (Part IX)
$36,515,596
Management and general expenses
$3,455,180
Fundraising expenses
$0
Program service expenses (Part III)
$36,515,596

Program services were 91.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENTS

    total $47,813,333 · related or exempt $47,813,333

  • 3 · Investment income

    total $4,035,198 · excluded $4,035,198

  • 7a · Gross sales of assets other than inventory

    securities $31,391,609

  • 7b · Less cost or other basis and sales expenses

    securities $15,464,971

  • 7c · Gain or loss

    securities $15,926,638

  • 7d · Net gain or loss

    total $15,926,638 · related or exempt $15,926,638

  • 11a · Other revenue: ENERGY CREDIT (6417 PAYMENT)

    total $454,498 · related or exempt $454,498

  • 11b · Other revenue: MISCELLANEOUS

    total $59,704 · related or exempt $59,704

  • 11e · Other revenue, total

    $514,202

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,352,769 · program services $12,352,769

  • 7 · Other salaries and wages

    total $2,336,514 · program services $1,466,486 · management and general $870,028

  • 9 · Other employee benefits

    total $351,184 · program services $339,283 · management and general $11,901

  • 10 · Payroll taxes

    total $227,457 · program services $223,216 · management and general $4,241

  • 11a · Fees: management

    total $790,361 · management and general $790,361

  • 11b · Fees: legal

    total $97,568 · management and general $97,568

  • 11c · Fees: accounting

    total $114,124 · management and general $114,124

  • 11f · Fees: investment management

    total $592,299 · management and general $592,299

  • 11g · Fees: other

    total $214,966 · management and general $214,966

  • 12 · Advertising and promotion

    total $7,047 · management and general $7,047

  • 13 · Office expenses

    total $166,591 · program services $15,236 · management and general $151,355

  • 14 · Information technology

    total $455,883 · management and general $455,883

  • 16 · Occupancy

    total $4,929,049 · program services $4,929,049

  • 17 · Travel

    total $612 · management and general $612

  • 19 · Conferences, conventions and meetings

    total $39,364 · program services $3,459 · management and general $35,905

  • 20 · Interest

    total $2,525,113 · program services $2,525,113

  • 22 · Depreciation, depletion and amortization

    total $5,845,928 · program services $5,845,928

  • 23 · Insurance

    total $871,683 · program services $871,683

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $4,959,321 · program services $4,959,321

  • 24b · Other expenses: CONTRACTED SECURITY

    total $1,577,140 · program services $1,577,140

  • 24c · Other expenses: RESIDENT/ TENANT SERVICES

    total $1,399,020 · program services $1,399,020

  • 24d · Other expenses: ADMIN MISCELLANEOUS

    total $116,783 · program services $7,893 · management and general $108,890

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $319,098 · end of year $17,602,279

  • 2 · Savings and temporary cash investments

    beginning of year $3,937,804 · end of year $2,089,008

  • 4 · Accounts receivable

    beginning of year $1,021,679 · end of year $934,210

  • 7 · Other notes and loans receivable

    beginning of year $2,153,813 · end of year $2,082,874

  • 9 · Prepaid expenses and deferred charges

    beginning of year $259 · end of year $76,061

  • 10a · Land, buildings and equipment: cost or other basis

    $214,615,898

  • 10b · Land, buildings and equipment: accumulated depreciation

    $89,283,674

  • 10c · Land, buildings and equipment, net

    beginning of year $28,486,790 · end of year $125,332,224

  • 11 · Investments: publicly traded securities

    beginning of year $130,238,579 · end of year $160,969,084

  • 13 · Investments: program-related

    beginning of year $81,160,102

  • 17 · Accounts payable and accrued expenses

    beginning of year $583,314 · end of year $1,431,360

  • 19 · Deferred revenue

    beginning of year $765,647 · end of year $810,385

  • 21 · Escrow or custodial account liability

    end of year $335,048

  • 23 · Secured mortgages and notes payable

    end of year $32,218,817

  • 25 · Other liabilities

    beginning of year $6,136 · end of year $8,508

  • 27 · Net assets without donor restrictions

    beginning of year $245,963,027 · end of year $274,281,622

Mission and programs · 2025

Mission

RTH MISSION PARK REALTY CORPORATION (THE "CORPORATION") WAS ORGANIZED EXCLUSIVELY TO BENEFIT, PERFORM THENFUNCTIONS OF, AND CARRY OUT THE PURPOSES OF ROXBURY TENANTS OF HARVARD ASSOCIATION, INC., A MASSACHUSETTS CHARITABLE CORPORATION ("RTH").

Activities or mission (Part I)

THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE ACTIVITIES (WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE) BENEFITING, PERFORMING THE FUNCTIONS OF, AND CARRYING OUT THE PURPOSES OF ROXBURY TENANTS OF HARVARD ASSOCIATION, INC., A MASSACHUSETTS NON-PROFIT CORPORATION, INCLUDING, WITHOUT LIMITATION, THE ACQUISITION, OWNERSHIP AND OPERATION OF REAL PROPERTY TO FURTHER AND SUPPORT THE ACTIVITIES, FUNCTIONS AND PURPOSES OF ROXBURY TENANTS OF HARVARD ASSOCIATION, INC.

  • THE CORPORATION, THROUGH ITS CONSOLIDATED SUBSIDIARIES MISSION PARK LIMITED PARTNERSHIP AND RTH HOLDINGS LLC, OWNS AND OPERATES MISSION PARK, A 775- UNIT MULTIFAMILY RENTAL HOUSING DEVELOPMENT IN MISSION HILL, BOSTON, MASSACHUSETTS,AND A MULTIFAMILY RENTAL HOUSING DEVELOPMENT AT 26-28 ST. ALBANS ROAD, BOSTON, MASSACHUSETTS. PROVIDING HOUSING PREDOMINANTLY AFFORDABLE TO LOW- AND MODERATE-INCOME HOUSEHOLDS; APPROXIMATELY 90% OF UNITS ARE SET ASIDE FOR LOW-INCOME OCCUPANTS UNDER AN EXTENDED USE HOUSING AGREEMENT PURSUANT TO SECTION 42. INCLUDES A 12,352,769 DISTRIBUTION TO ROXBURY TENANTS OF HARVARD ASSOCIATION, INC. TO FUND RESIDENT SERVICES AND RELATED CHARITABLE PROGRAMS FOR MISSION PARK AND NEARBY RTH PROPERTIES.

    Expenses $34,317,376 · Grants $12,352,769 · Revenue $39,828,256

  • THE CORPORATION LEASES A GARAGE AND USE OF ITS PREMISES PRIMARILY TO THE BRIGHAM AND WOMEN'S HOSPITAL, INC., A MASSACHUSETTS CHARITABLE CORPORATION, WITH A SMALL PORTION LEASED TO THE HOUSING PARTNERSHIP.

    Expenses $2,198,220 · Revenue $7,985,077

  • A MULTIFAMILY RENTAL HOUSING DEVELOPMENT AT 26-28 ST. ALBANS ROAD, BOSTON, MASSACHUSETTS.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Karen T Gately

    EXECUTIVE DI

    Total calculated
    $317,899
    From this org
    $0
    From related orgs
    $281,817
    Other
    $36,082
    Hours/week
    6 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $281,817 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $18,318 related
    Nontaxable benefits
    not reported + $17,764 related
    Filer's total
    not reported + $317,899 related

  • Donna Desmond

    CFO

    Total calculated
    $273,424
    From this org
    $0
    From related orgs
    $255,515
    Other
    $17,909
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $246,515 related
    Bonus
    not reported + $9,000 related
    Other
    not reported
    Deferred
    not reported + $16,608 related
    Nontaxable benefits
    not reported + $1,301 related
    Filer's total
    not reported + $273,424 related

  • Stephen Fulton

    SR. PROGRARM

    Total calculated
    $207,571
    From this org
    $0
    From related orgs
    $158,562
    Other
    $49,009
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $155,677 related
    Bonus
    not reported + $2,885 related
    Other
    not reported
    Deferred
    not reported + $4,050 related
    Nontaxable benefits
    not reported + $44,959 related
    Filer's total
    not reported + $207,571 related

  • Patricia Haran

    CONTROLLER

    Total calculated
    $180,370
    From this org
    $0
    From related orgs
    $154,543
    Other
    $25,827
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $151,923 related
    Bonus
    not reported + $2,620 related
    Other
    not reported
    Deferred
    not reported + $9,838 related
    Nontaxable benefits
    not reported + $15,989 related
    Filer's total
    not reported + $180,370 related

  • Jenni Shaw

    HR DIRECTOR

    Total calculated
    $160,771
    From this org
    $0
    From related orgs
    $138,000
    Other
    $22,771
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $135,380 related
    Bonus
    not reported + $2,620 related
    Other
    not reported
    Deferred
    not reported + $8,970 related
    Nontaxable benefits
    not reported + $13,801 related
    Filer's total
    not reported + $160,771 related

  • Lori Taylor

    OFFICE MANAG

    Total calculated
    $135,646
    From this org
    $0
    From related orgs
    $101,582
    Other
    $34,064
    Hours/week
    8 + 40 related

  • Daniel Powell

    PRESIDENT

    Total calculated
    $19,300
    From this org
    $0
    From related orgs
    $19,300
    Other
    $0
    Hours/week
    1 + 4 related

  • William Sullivan

    VICE PRESIDE

    Total calculated
    $11,300
    From this org
    $0
    From related orgs
    $11,300
    Other
    $0
    Hours/week
    1 + 4 related

  • Jacqueline Boston

    TREASURER

    Total calculated
    $10,800
    From this org
    $0
    From related orgs
    $10,800
    Other
    $0
    Hours/week
    1 + 4 related

  • Carol Menton

    SECRETARY/ C

    Total calculated
    $7,200
    From this org
    $0
    From related orgs
    $7,200
    Other
    $0
    Hours/week
    1 + 4 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • RTH MISSION PARK REALTY LLC

    REAL ESTAT · MA

    Directly controlled by RTH MPRC

  • RTH HOLDINGS LLC

    REAL ESTAT · MA · income $285,810 · assets $4,930,476

    Directly controlled by RTH MPRC

  • MISSION PARK LIMITED PARTNERSHIP

    HOUSING · MA · income $42,389,976 · assets $149,351,785

    Directly controlled by RTHMPRC

Provenance

Return type
form_990
Tax year
2025
Filed
18 August 2026
IRS schema version
2025v4.0
Source object
202622329349300107

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